AVAILABLE
Freehold Leisure Investment In Highly Desirable Northumberland Location
Price:
£425,000 (7.04% NIY)
2,032 sq ft
INVESTMENT SUMMARY
Located in a highly desirable Northumberland location
Attractive stone building overlooking the River Coquet in picturesque village
Two brand new leases recently agreed demonstrating tenant commitment to the building
87% of the income from the highly regarded The Running Fox Bakery
Fully let with total passing rent of £31,200 per annum
WAULT of 5.22 years to expiry, with no breaks
VAT free investment
We are instructed to seek offers in excess of £425,000 (Four Hundred and Twenty Five Thousand Pounds) reflecting a net initial yield of 7.04% assuming standard purchasers costs of 4.33%
Property Details
Location Details
Felton, Northumberland
Sector
Leisure, Retail
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An outstanding opportunity
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